1993_0202.special_packet - Laserfiche WebLink

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Year Amount Year Amount 1994 $190,000 1999 $2259000 1995 195,000 2000 2359000 1996 200,00O 2001 2509000 1997 205,000 2002 2602000 1998 2159000 1. 04. optional Redemption. The City may elect on March 1, 1999 and on any date thereafter to prepay Bonds maturing on or after March 1, 2000. redemption may be in whole or in part of the Bonds subject to prepayment. If redemption is in rt, those Bonds g unpaid which have the latest maturity date will be � to re called prepaid first. If only part of the Bonds having a common maturity date a for prepayment the specific Bonds to be prepaid will be chosen by lot, by the Registrar. AU payments will be at a price of par plus accrued interest. Section 2. re stration and Payment,6 2.01. Registered Form,, The Bonds shall be issued only in fully registered form, The interest thereon and , upon surrender of each Bond , the principal amount thereof, is P a able by check or draft issued by the registrar described herein . 2.02. Dates Interest Pavment Dates, Each Bond will be dated as of the last interest p a aYent date preceding the date of authentication to which interest on the Bond has been p aid or made available for payment, unless (i) the date of authentication is an interest payment - date to which interest has been paid or made available for payment, in which case such Bond will be dated as of the date of authentication, or (n"") the date of authentication is prior to the first interest payment date, in which case such Bond will be dated as of the date of original issue . The interest on the Bonds is payable on Larch 1 an d September 1 of each year, commencing September 1, 1993, to the owner of record thereof as of the close of business on the fifteenth day of the inediately preceding month, whether or not such day Is a business day . 2.03 , re 'stration-o The city �l appoint and maint n a bond registrar, transfer a ent , authenticating agent and paying agent (Registrar). The effect ect of � � with respect registration and the rights and duties of the City and the registrar p thereto are as follows (a) Register. The registrar must keep at its principal corporate tryst. office a bond register in which the registrar provides for the registration stration of ownership of Bonds and the registration of transfers and echan ges. of Bonds entitled to be registered, transferred or exchanged. (b) 'transfer of Bonds. Upon surrender for transfer of a Bond dul endorsed by the registered owner thereof or accompanYed by a written instrument of transfer, in form satisfactory to the registrar, duly executed by the registered owner thereof or by an attorney duly authorized by the ' t d deliver in registered owner in writing, the registrar will authenticate an the name of the designated transferee or transferees , one or more new Bonds of a like aggTegate principal amount and maturity, as requested by the transferor. The re strar may, however, close the boobs for registration of any transfer after the fifteenth day of the month preceding each interest payment date and until such interest payment date =47467 M200-10